Corporate governance - Vigil
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May 5, 2021 10:52 AM
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Will Quebec and Canada ever reach herd immunity for COVID-19? 

Will Quebec and Canada ever reach herd immunity for COVID-19?  | Corporate governance - Vigil | Scoop.it
With the emergence of the more transmissible B.1.1.7 variant, officials estimate 80-per-cent vaccination coverage is needed for immunity.
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May 5, 2021 10:21 AM
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Paper Excellence in talks to buy Domtar in potential $3-billion deal

Paper Excellence in talks to buy Domtar in potential $3-billion deal | Corporate governance - Vigil | Scoop.it

One of Western Canada’s largest paper producers is bidding for East Coast rival Domtar Corp., the latest sign of consolidation in the booming forest products industry.

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May 5, 2021 10:17 AM
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ESG 'fantasy' distracts from real climate change fight, says former Blackrock insider

ESG 'fantasy' distracts from real climate change fight, says former Blackrock insider | Corporate governance - Vigil | Scoop.it
The amount of money flowing into funds that market themselves as “sustainable investing funds” is rapidly increasing, and hit a total of just US$2 trillion recently. But are these funds having any impact on the world?
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May 5, 2021 9:39 AM
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China Faces Tougher Rules on Its European Deals Spree

China Faces Tougher Rules on Its European Deals Spree | Corporate governance - Vigil | Scoop.it
The European Union unveiled draft rules on Wednesday aimed at cracking down on state-subsidized foreign companies in Europe, a move that could allow regulators to pursue big Chinese companies in much the same way they have targeted U.S. multinationals such as Apple Inc. and Amazon.com Inc.
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May 5, 2021 9:34 AM
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Dogecoin Cryptocurrency Price Continues to Surge - The New York Times

Dogecoin, the cryptocurrency that started as a joke, is on a tear. A surge in the past day pushed it to another record, sending it some 14,000 percent higher than it started the year.
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May 5, 2021 9:25 AM
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Climate activists urge BlackRock, Vanguard to vote against Exxon directors

Climate activists urge BlackRock, Vanguard to vote against Exxon directors | Corporate governance - Vigil | Scoop.it

Climate activists are prodding Exxon Mobil Corp’s top shareholders to vote against the reelection of two directors, a move that could boost a hedge fund’s proxy fight to seat four candidates on the oil giant’s board.

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May 4, 2021 10:54 AM
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Canada records $1.1-billion trade deficit in March as imports surge

Canada records $1.1-billion trade deficit in March as imports surge | Corporate governance - Vigil | Scoop.it
Canada’s trade balance shifted back to a deficit in March following two consecutive months of surplus as imports jumped significantly while exports edged up slightly, Statistics Canada said on Tuesday.
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May 4, 2021 10:51 AM
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Meet the Oracle of Edmonton: Greg Abel tapped as Warren Buffett's successor

Meet the Oracle of Edmonton: Greg Abel tapped as Warren Buffett's successor | Corporate governance - Vigil | Scoop.it
There are a lot of smart people in this world, but some of them do dumb things. He is a smart guy that will never do a dumb thing,' Buffett once said of Abel
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May 4, 2021 10:41 AM
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CEO Council Features Interviews With Janet Yellen, Jamie Dimon

CEO Council Features Interviews With Janet Yellen, Jamie Dimon | Corporate governance - Vigil | Scoop.it
Heads of Zoom, Shell, BioNTech and Merck also set to speak at virtual summit
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May 4, 2021 9:55 AM
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Nine scenarios for the COVID-19 economy 

Nine scenarios for the COVID-19 economy  | Corporate governance - Vigil | Scoop.it
We have surveyed thousands of global executives since June 2020 on the likelihood that one of nine economic outcomes of the COVID-19 crisis will occur in their home countries. These scenarios account for the GDP impact of the virus’s health effects and the effectiveness of governments’ public-health and economic-policy responses to it.
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May 4, 2021 9:50 AM
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Companies Are Adding More Women to Their Boards. What’s Driving the Change?

Companies Are Adding More Women to Their Boards. What’s Driving the Change? | Corporate governance - Vigil | Scoop.it
The dearth of female leaders in corporate America is well established. For example, at the end of 2020, fewer than eight percent of companies in the S&P 500 were woman-led.
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May 3, 2021 11:17 AM
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Opinion: Why CP’s lower bid for Kansas City Southern could prevail

Opinion: Why CP’s lower bid for Kansas City Southern could prevail | Corporate governance - Vigil | Scoop.it

Keith Creel wants everyone to know he’s telling the truth when he says Canadian Pacific Railway Ltd. can win Kansas City Southern, despite tabling a US$25.2-billion takeover bid that’s US$4.7-billion shy of an offer from rival Canadian National Railway Co.

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May 3, 2021 11:14 AM
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OSC alleges Toronto-based Bridging Finance 'mismanaged' funds, breached 'numerous' laws 

OSC alleges Toronto-based Bridging Finance 'mismanaged' funds, breached 'numerous' laws  | Corporate governance - Vigil | Scoop.it
According to documents filed in court, the OSC 'uncovered evidence that BFI and certain members of its senior management team … appropriated amounts from the BFI Funds for personal gain'
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May 5, 2021 10:22 AM
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Loblaw continues to see pandemic sales lift but tough comparisons loom

Loblaw continues to see pandemic sales lift but tough comparisons loom | Corporate governance - Vigil | Scoop.it

Canada’s largest grocer is continuing to see elevated sales, as shoppers spend more money on cooking at home during the COVID-19 pandemic. But like other grocery retailers, Loblaw Companies Ltd. is beginning to face tougher comparisons to surging food purchases last year.

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May 5, 2021 10:21 AM
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Neighbourly Pharmacy chain files to go public on TSX with $150-million IPO

Neighbourly Pharmacy chain files to go public on TSX with $150-million IPO | Corporate governance - Vigil | Scoop.it
Neighbourly Pharmacy Inc., Canada’s third-largest pharmacy chain operator, has filed preliminary documents for a $150-million initial public offering on the Toronto Stock Exchange.
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May 5, 2021 10:15 AM
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Nestlé to take on Oatly with pea milk brand 

Nestlé to take on Oatly with pea milk brand  | Corporate governance - Vigil | Scoop.it
The rare creation of a new brand by Nestlé comes as China Resources-backed oat milk maker Oatly pushes for a valuation of as much as $10bn in its forthcoming initial public offering on New York’s Nasdaq exchange.
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May 5, 2021 9:36 AM
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Compliance Officers Play Growing Role in Corporate Sustainability Efforts

Compliance Officers Play Growing Role in Corporate Sustainability Efforts | Corporate governance - Vigil | Scoop.it
Dell, Western Union and other companies are showcasing the work of their compliance departments to attract ESG-focused investors
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May 5, 2021 9:31 AM
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Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine 

Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine  | Corporate governance - Vigil | Scoop.it
The company said its vaccine generated $3.5 billion in revenue in the first three months of this year.
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May 4, 2021 10:55 AM
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Organigram CEO Greg Engel leaves New Brunswick-based cannabis company

Organigram CEO Greg Engel leaves New Brunswick-based cannabis company | Corporate governance - Vigil | Scoop.it

Organigram Holdings Inc. chief executive officer Greg Engel will be “stepping away” from his role effective immediately, after a 4½-year tenure at the helm of the Moncton-based cannabis company, according to a statement issued by its board Monday morning.

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May 4, 2021 10:53 AM
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Alberta to announce new public-health measures amid highest COVID-19 rates in North America

Alberta to announce new public-health measures amid highest COVID-19 rates in North America | Corporate governance - Vigil | Scoop.it
The Alberta government is set to announce additional COVID-19 restrictions on Tuesday as it struggles to respond to an explosive third wave that has left the province with the highest infection rates in North America.
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May 4, 2021 10:45 AM
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Buffett Shares His Unconventional Views On ESG Investing

Buffett Shares His Unconventional Views On ESG Investing | Corporate governance - Vigil | Scoop.it
At the Berkshire Hathaway Shareholder Meeting, Warren Buffett shared some thoughts on ESG investing. As with questions as to why he didn’t do a big deal during the pandemic, he was somewhat on the defensive. He noted that the Berkshire Hathaway actually controlled the largest value of property, plant and equipment in the S&P 500 and 15% of interstate goods move of their railroads, so had a material role to play in ESG issues.
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May 4, 2021 10:40 AM
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U.K. Open to U.S. Proposals for Global Minimum Corporate-Tax Rate

U.K. Open to U.S. Proposals for Global Minimum Corporate-Tax Rate | Corporate governance - Vigil | Scoop.it
The U.K. is open to U.S. proposals for a global minimum corporate-tax rate, provided that it goes hand-in hand with a fairer split of the tax take from U.S. tech giants, U.K. Treasury Chief Rishi Sunak said.
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May 4, 2021 9:52 AM
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Peer Effects in Corporate Governance Practices: Evidence from Universal Demand Laws

Corporations that share board members with other firms tend to have similar corporate governance practices. But this commonality is difficult to interpret. It may reflect peer effects, where governance practices propagate from one firm to another. Alternatively, it may reflect selection effects, where firms with similar preferences self-select into linked groups.
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May 3, 2021 11:19 AM
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Bombardier looks to change terms of debt after sale of train unit, other assets

Bombardier looks to change terms of debt after sale of train unit, other assets | Corporate governance - Vigil | Scoop.it

Bombardier Inc.is approaching some of its bondholders asking for permission to change the terms of their debt after an unnamed investor claimed the plane maker’s sale of its train business and other assets breached pledges made under a certain indenture.

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May 3, 2021 11:15 AM
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Warren Buffett reveals Canadian Greg Abel is his likely successor at Berkshire Hathaway

Warren Buffett reveals Canadian Greg Abel is his likely successor at Berkshire Hathaway | Corporate governance - Vigil | Scoop.it
For years Buffett has kept his succession picks a closely guarded secret
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